Can Selfridges Future-Proof the Department Store? Download the Case Study

In June 2021, real estate trade publication React News reported British department store Selfridges was considering a sale after receiving an offer from an unnamed potential buyer that valued the business at $5.7 billion. It was an eye-popping figure for a chain with just four stores — even if its real estate alone was estimated to be worth about $2.8 billion — and the latest proof that Selfridges’ approach to retail has made it an…